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Voyager Inventory Optimization
Voyager Inventory Optimization
Free up working capital. Raise service levels.
Voyager Inventory Optimization reduces excess inventory while maintaining or improving customer service levels. Multi-echelon inventory optimization (MEIO) right-sizes safety stock buffers across the entire supply chain, taking into account the complex interdependencies between stages, as well as variables that cause chronic excess inventory, such as long lead times, demand uncertainty, and supply volatility. Logility's inventory optimization solution releases millions in trapped working capital and moves the supply chain to an entirely new trade-off curve between inventory cost and service level performance.
By modeling the end-to-end supply chain, from raw materials through manufacturing to finished goods and distribution, Logility's multi-echelon inventory optimization software creates "what-if" scenarios that explore alternate configurations of suppliers, transportation links, lead times, locations and amounts of buffer stock, as well as cost-effective postponement strategies, time-phased demand signals, SKU rationalization, and more.
Voyager multi-echelon inventory optimization gives supply chain teams confidence in achieving service level goals with the minimum level of inventory, expediting, stock-outs and obsolescence.
With multi-echelon inventory optimization, Boston Scientific achieved a 99% service performance
Whether your supply chain is simple or complex, local or global, consumer or industrial, Voyager Inventory Optimization dramatically improves your organization's bottom line.
These capabilities enable you to:
- Minimize supply chain costs while achieving optimal service levels
- Incorporate uncertainty and volatility into strategic inventory plans
- Optimize interdependencies between all locations and stages of the multi-echelon supply chain network
- Understand causes of inventory and cost fluctuations in the supply chain
- Model tradeoffs between cost, service performance, and risk
- Improve productivity of inventory planners
- Free up working capital confined in excess inventory
- Unite stakeholders around one accurate view of the total supply chain
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